Wednesday, February 25, 2015

Lisbon, the Bangalore of Europe

The call center boom in Lisbon, Portugal, provides another example of how brain drain promotes economic development.

Theme: People develop, not places.

Subject Article: "Lisbon call center boom draws EU 'guest workers.'"

Other Links: 1. "The Great Creative Class Migration."
2. "Brain Drain Is Economic Development."
3. "The Geography of Melancholy."
4. "Imagining Rooted Cosmopolitanism."
5. "Young ‘ex-pats’ worth luring back home, conference attendees told."

Postscript: Just when I think policy is catching up to migration patterns, along comes "NY economic czar nominee says retaining youth is key to Long Island's future":

"We're losing young people," Zemsky told about 100 people at a meeting of the Long Island Association business group. "If you lose young people, unless you can change the laws of biology, you have population decline."

Stick a fork in New York State if Zemsky becomes the economic development czar. He's not qualified for the position.

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